Edward Doheny: Joy Global Is Committed to Mining

The CEO's Take on the Slumping Industry—and His Own Beginnings

Edward "Ted" Doheny, chief executive of the mining-equipment maker Joy Global Inc., has been in training to be a CEO since he was a teenager, when he ran fruit and vegetable stands in suburban St. Louis to help pay for his education.

After college, Mr. Doheny was put on a fast track for managers with high potential at...